jueves, 21 de diciembre de 2017

AngloGold gets going on $36 million expansion of Western Australia mine

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Australia News Digest
Friday 22 December 2017
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Strategy adds 2.1 million ounces to Tropicana's business plan and extends the mine life by seven years to 2027.

The decision is final and without appeal.

More than half the 2017 combined market cap gains for the world's largest listed miners accrued to just five firms as gold producers drop out of top 10.

BHP said it would seek responses from the World Coal Association over policy differences before making a final decision on whether to quit in March 2018.

Back in September, the expectation for 2018 was of $488 million in revenues from industrial mining.

Indian conglomerate cancels $2.6-billion contract with Downer Group.

The Indian Captive Power Producers Association denounced that most of its member companies are getting half of the coal they need from state-owned Coal India.

Representatives for the Wangan and Jagalingou People said they were forced to sign an Indigenous Land Use Agreement at the Native Title Tribunal for Adani's Carmichael mine.

Sunday was a proud day for Aboriginal people in Australia's Northern Territory, with the opening of a new bauxite mine.

Rio Tinto-controlled Turquoise Hill is also predicting costs to fall about 2.8%.

Forget gold, the crazy cobalt price or lithium frenzy; this Australian company is upending the sapphire (yes sapphire) market.

The world's No.2 gold miner is also planning to boost dividend by at least 50% next year, based on balance sheet improvements and the performance of its gold mines.

With some vessels waiting to load coal and iron ore outside Australian ports for over a month, key charter rates jumped to highest in more than three years.

For all the doom and gloom about the future of coal, the past two years have been a boom time for coal prices that's exceeded by their 2010 to 2012 peak.

If the world's migrant population formed a new nation, it would be fifth largest. What are the top immigration populations, how does this look mapped out?

Australian iron ore producer is only stock on the nation's blue-chip resources index to hand investors a loss in 2017, tumbling from its previous top status.

Newcastle, the world's largest coal export port, must "urgently" diversify its traffic, the port's incoming chairman has said, warning that the "long-term outlook for coal is a threat to the port".

Italian company EMiControls recently launched its latest model – the autonomous V12sm Dust Controller which is mounted to a specially designed trailer with integrated water tank.

The steel maker said it expects higher earnings before interest and tax at A$460 million ($352.45 million), compared with earlier forecast of A$420 million.

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